Octopus Apollo VCT launches £35m fundraise

First in over a year

Octopus Investments has embarked on a £35m fundraise for its Apollo venture capital trust.

This is the third round of fundraising for the portfolio in the past 18 months, with the management launching a £35m fundraise just over 12 months ago. The portfolio is invested in about 45 smaller business-to-business software companies, which are typically more early stage. The management team sits within Octopus Ventures, the firm's European venture capital team, and is made up of 13 members. Octopus Titan VCT embarks on £200m fundraise Richard Court, fund manager on Apollo VCT, said: "Over the past year, Apollo VCT has demonstrated its ability to maintain robust performance ...